Viking Surf House ApS — Credit Rating and Financial Key Figures

CVR number: 41322683
Otto Madsens Vej 17, Klitmøller 7700 Thisted
Kontakt@vikingsurfhouse.dk
tel: 28879092
https://www.viking-adventures.dk/

Credit rating

Company information

Official name
Viking Surf House ApS
Personnel
2 persons
Established
2020
Domicile
Klitmøller
Company form
Private limited company
Industry
  • Expand more icon85Education

About Viking Surf House ApS

Viking Surf House ApS (CVR number: 41322683) is a company from THISTED. The company recorded a gross profit of 557.8 kDKK in 2024. The operating profit was 319 kDKK, while net earnings were 176.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 29.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Viking Surf House ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit280.69215.41508.35521.11557.80
EBIT216.29169.26357.41304.70319.05
Net earnings160.95113.54203.27167.06176.69
Shareholders equity total310.95374.49463.37508.43685.12
Balance sheet total (assets)414.282 646.322 661.712 653.473 604.79
Net debt- 267.432 191.801 779.331 877.062 612.41
Profitability
EBIT-%
ROA52.2 %11.5 %13.5 %11.5 %10.2 %
ROE51.8 %33.1 %48.5 %34.4 %29.6 %
ROI63.9 %12.0 %14.5 %12.9 %11.1 %
Economic value added (EVA)165.97129.62167.86121.27150.88
Solvency
Equity ratio75.1 %14.2 %17.4 %19.2 %19.0 %
Gearing585.3 %396.3 %369.2 %381.3 %
Relative net indebtedness %
Liquidity
Quick ratio3.60.00.20.10.0
Current ratio3.60.00.20.10.0
Cash and cash equivalents267.4357.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.0%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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